international insurer department (iid) - …...history • prior to 2017 - annual filings submitted...

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INTERNATIONAL INSURER DEPARTMENT (IID) - NEW FILING SYSTEM FOR COMPANY FILERS

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Page 1: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

INTERNATIONAL INSURER DEPARTMENT (IID) - NEW FILING SYSTEM

FOR COMPANY FILERS

Page 2: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

NEW IID FILING SYSTEMFOR COMPANY FILERS

PRESENTERS

• ANDY DALEO - SR. FINANCIAL ANALYSIS

MANAGER

• BOB SCHUMP – IID PROGRAM MANAGER

• JASON FARR – SR. REINSURANCE & IID

FINANCIAL ANALYST

Page 3: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

NEW IID FILING SYSTEMFOR COMPANY FILERS

HISTORY

• PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS

• 2017 - ELECTRONIC SUBMISSION OF FILING DOCUMENTS AND FEE PAYMENTS VIA OPTINS

• 2020 - NEW FILING SYSTEM WILL ALLOW EASIER INPUT OF FINANCIAL INFORMATION

Page 4: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

NEW IID FILING SYSTEMFOR COMPANY FILERS

BENEFITS OF NEW SYSTEM

• MICROSOFT ACCESS PLATFORM

• ACCOMMODATIONS FOR NON-MICROSOFT USERS

• SYSTEM USED FOR RENEWALS AND APPLICATIONS

• EASILY DOWNLOADED TO INSURER’S COMPUTER

• QUICK AND SIMPLE DATA ENTRY

• AUTOMATED CROSSCHECKING OF DATA

• ELECTRONIC ATTESTATIONS

• SINGLE APPLICATION SOURCE FOR FINANCIAL REPORTING

• UPLOAD CAPABILITIES FOR INVESTMENTS AND REINSURANCE DATA

Page 5: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

IID FILING SYSTEM LINKS

Page 6: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

NEW IID FILING SYSTEMFOR COMPANY FILERS

• OPTINS AND THE NEW SYSTEM

• THE NEW SYSTEM CONVERTS THE FILING TO EXCEL FORMAT FOR UPLOAD TO OPTINS

• FOLLOWING UPLOAD THE COMPLETED ACCESS DATA REMAINS WITH COMPANY

• OTHER REQUIRED DOCUMENTS (I.E., AUDIT REPORT, LOSS CERTIFICATIONS, AND BIOGRAPHICAL AFFIDAVITS) WILL CONTINUE TO BE UPLOADED AS BEFORE

• PAYMENT OF FEES WILL CONTINUE TO BE PAID THROUGH OPTINS

Page 7: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

GETTING STARTED

Page 8: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

JURAT

Page 9: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

INTERROGATORIES

Page 10: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

BALANCE SHEET

Page 11: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

INVESTED ASSETS

Page 12: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

OTHER ASSETS

Page 13: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

OTHER LIABILITIES

Page 14: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

INCOME STATEMENT

Page 15: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

PREMIUMS AND LOSSES

Page 16: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

US PREMIUMS BY STATE

Page 17: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

REINSURANCE CEDED

Page 18: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

LOSS DEVELOPMENT

Page 19: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

CYBER SECURITY DATA

Page 20: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

FEDERAL FLOOD

Page 21: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

ATTESTATION

Page 22: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

TRIA

Page 23: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

TRIA

Page 24: INTERNATIONAL INSURER DEPARTMENT (IID) - …...HISTORY • PRIOR TO 2017 - ANNUAL FILINGS SUBMITTED AS HARD-COPY PACKAGES WITH FEES PAID BY PAPER CHECKS • 2017 - ELECTRONIC SUBMISSION

NEW IID FILING SYSTEMFOR COMPANY FILERS

• ANDY DALEO – [email protected]

• BOB SCHUMP – [email protected]

• JASON FARR – [email protected]